Exhibit (h)(3)
FIRST AMENDMENT TO ADMINISTRATION AGREEMENT
FIRST AMENDMENT made as of this 10th day of December, 2003 to the
ADMINISTRATION AGREEMENT, dated September 1, 2001 (the "Agreement") between THE
GLENMEDE FUND, INC., a corporation organized under the laws of the state of
Maryland (the "Fund"), and INVESTORS BANK & TRUST COMPANY, a Massachusetts trust
company (the "Bank").
WHEREAS, the Fund and Bank have entered into the Agreement;
WHEREAS, the Fund and the Bank desire to amend the Agreement;
NOW, THEREFORE, the Fund and the Bank agree to amend the Agreement as
follows:
1. DEFINITIONS. All capitalized terms used herein and not otherwise
defined shall have the meanings assigned to them in the Agreement.
2. TERMINATION. Section 7(a) of the Agreement is amended by deleting
the first sentence of such Section 7(a) in its entirety and inserting in lieu
thereof the following:
"The term of this Agreement shall run through September 1, 2007 (the
"Initial Term"), unless earlier terminated as provided herein."
3. ADDITIONAL FUNDS. APPENDIX A to the Agreement shall be amended by
deleting such APPENDIX A in its entirety and inserting in lieu thereof APPENDIX
A as attached hereto.
4. MISCELLANEOUS.
(a) Except as amended hereby, the Agreement shall remain in full force
and effect.
(b) This Amendment may be executed in two or more counterparts, each of
which shall be deemed an original, but all of which together shall constitute
one and the same instrument.
[Remainder of Page Intentionally Left Blank]
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be
executed in their names and on their behalf under their seals by and through
their duly authorized officers, as of the day and the year first above written.
THE GLENMEDE FUND, INC.
By: /s/ Xxxx Xxx X. Xxxxx
---------------------------
Name: Xxxx Xxx X. Xxxxx
Title: President
INVESTORS BANK & TRUST COMPANY
By: /s/ Xxxxxxx Xxxxxx
---------------------------
Name: Xxxxxxx Xxxxxx
Title: President
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APPENDIX A
Portfolios of The Glenmede Fund, Inc.
Core Fixed Income Portfolio
Government Cash Portfolio
Institutional International Portfolio
International Portfolio
Large Cap Value Portfolio
Small Capitalization Growth Portfolio
Small Cap Equity Portfolio
Strategic Equity Portfolio
Tax-Exempt Cash Portfolio
Large Cap 100 Portfolio
Large Cap Growth Portfolio
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